Investors in InfStones’ new round are SoftBank Vision Fund 2, which invests in technology for the future, and GGV Capital, a Menlo Park, Calif., venture capital firm. INCE Capital, 10T Fund, SNZ Holding, and A&T Capital also joined in as investors. Last month, SoftBank’s Vision Fund reported a $27.4 billion loss for the year ended in March, partly because of the massive tech stock sell-off.
It has 40 employees globally across offices in Plano, Palo Alto, Calif., Montreal and Beijing. It was based out of Palo Alto until last year, when the company moved its headquarters to Plano, where it’s here to stay for the long term, said business development director Sili Zhao. ,” Zhao said. “There are a lot of blockchain people in Texas, and it has the [lobbying group] The Texas Blockchain Council.”About eight workers are based in the Dallas area. The company leases space in Plano but employees have been remote since the Omicron surge, Zhao said.
The grid isn't super reliable but let's have all these companies come in and mine for fake money while using our resources